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Cited by 1,575

The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.

An Economic Theory of Self-Control

Open access
Shefrin, H., Thaler, Richard·1977·National Bureau of Economic Research

Abstract

Although many economists, most notably Strotz, have discussed dynamic inconsistency and precommitment, none have dealt directly with the essence of the problem: self-control.This paper attempts to fill that gap by modeling man as an organization.The Strotz model is recast to include the control features missing in his formulation.The organizational analogy permits us to draw on the theory of agency.We thus relate the individual's control problems with those that exist in agency relationships.

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Metadata

Authors
Shefrin, H., & Thaler, R.
Venue
National Bureau of Economic Research
Published
1977-10
OpenAlex
W2890473091
Cited by
1,575
References
2
Type
report
Language
en
Open access
green

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CoChat. (2026). Citation check: An Economic Theory of Self-Control. https://app.cochat.ai/papers/10.3386/w0208
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Shefrin, H., & Thaler, R. (1977). An Economic Theory of Self-Control. National Bureau of Economic Research. https://doi.org/10.3386/w0208

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.